Activision Blizzard is firing its CFO

He's reportedly off to Netflix.

Activision Blizzard chief financial officer Spencer Neumann’s contract has been terminated, the publisher announced this week. Despite a decline in monthly active users and the drop in shares that accompanied the report, Activision Blizzard says that Neumann’s been fired over a "cause unrelated to the Company’s financial reporting or disclosure controls and procedures."

The publisher didn’t specify what the cause was, but Reuters reports that Neumann was poached by Netflix and will be the streaming company’s new CFO.

Returning CFO Dennis Durkin, who until recently was chief corporate officer, is taking over. With the share drop, Activision Blizzard is keen to emphasise Durkin’s experience and the company’s growth during his earlier tenure.